Bitcoin Rebounds to $84,899, Daily 14 Moving Average Indicators Show Positive Signals

Odaily reports that Bitcoin was trading at $84,899 as of 8:00 AM on September 27, up 0.9% over 24 hours, approaching $85,000 again after pulling back from $87,374.

Daily technical indicators show that 14 moving average indicators are giving positive signals, with 1 neutral and no negative signals; among oscillators, 9 are neutral and 2 are positive. BTC is currently trading above all listed EMAs and SMAs.

The technical chart lists $85,000, $85,945, and $87,374 as upside reference levels, while $84,000 and $83,300 serve as key downside reference levels. Trading volume during the recent rebound was below levels seen from September 21 to 23. (Bitcoin.com News)